Tuesday, July 7

Tag: US POLITICS

Donald Trump rakes in $1.7 billion from crypto companies

US President Donald Trump made more than $1.7 billion from his cryptocurrency businesses last year, even as he dismantled strict regulations around the industry from the White House. Trump’s newly released annual financial disclosure report shows he made more than $US600 million from his business CIC Digital LLC, which oversees the president’s $TRUMP “meme” coins and digital NFT trading cards. Donald Trump reported a major increase in income from cryptocurrency in 2025. AP Another business, World Liberty Financial, made more than $US500 million selling crypto products such as “governance tokens” - the crypto equivalent to company shares. The crypto income from those two businesses totalled about $US1.2 billion, or $1.74 billion. Trump has repeatedly claimed h...

Trump asks Congress for billions for Iran war, after tension with Republicans

The White House has asked lawmakers to approve $87.6bn (£66.5bn), mostly for "urgent needs" connected with the US war on Iran, a day after Congress passed a resolution rebuking the military action. The bulk of the funding - $67bn - is for the US Department of Defence, the White House said. But the proposal faces an uphill battle in Congress. The Iran conflict is unpopular with voters ahead of the US midterm elections in November, though a ceasefire is currently in effect. US President Donald Trump has also found himself at odds with some members of his Republican Party over the issue of Iran, and is alleged to have ended up in an angry exchange with one senator on Wednesday. That senator, Bill Cassidy of Louisiana, was one of a handful of Republicans who defied the president ...

Pentagon locked down and partially evacuated due to a false alarm by hazardous materials sensor, sources say

The Pentagon was locked down and partially evacuated on Thursday (Friday morning AEST) due to a false alarm by a hazardous materials sensor, two sources familiar told CNN. Multiple floors and corridors inside the building had been locked down and others were evacuated due to a “hazardous materials incident”, three sources familiar and the local fire department said earlier on Thursday. Multiple floors and corridors inside the Pentagon were locked down and others were evacuated due to a “hazardous materials incident".  Anna Moneymaker/Getty Images via CNN Newsource At 1.31pm (3.31am Friday AEST) Pentagon spokesman Sean Parnell posted on X that “normal operations have resumed” at the Pentagon. “Earlier this morning, Pentagon occupants were notified of a potential air quality is...

They voted to release the Epstein files. It cost them their jobs

In November, four Republicans broke with their party to force a vote on releasing the Epstein files. And as of yesterday, three of the four are out of a job. Nancy Mace is an enthusiastic Donald Trump supporter but drew his ire when she voted to release the Epstein files. AP Nancy Mace, a conservative firebrand and supporter for sexual assault victims, faced a crushing defeat in her bid to become the next governor of South Carolina. The congresswoman came in fifth place in the gubernatorial primary. Because she ran for governor instead of re-election, she’ll be out of Congress next year. Mace was clear in her concession that her push to release the Epstein files cost her the support she needed. “As a survivor, I chose to stand on principle and stan...

Donald Trump manipulating markets with Iran war claims, says senator

A top US senator has levelled a remarkable accusation against Donald Trump. Yesterday the US president declared he would resume strikes against Iran, causing markets to drop around the world. But Hawaii Democrat Brian Schatz was suspicious. Donald Trump's comments on Iran have fluctuating wildly on a day-by-day basis. AP Photo/Jacquelyn Martin “I think the war hasn’t really stopped. I think he tries to manipulate markets, to say that a deal is imminent,” the senator said. “And there’s no real evidence that a deal is imminent.” And hours after declaring an attack on Iran was imminent, Trump overnight backed down. “Based on the fact that discussions with the Islamic Republic of Iran have been brought to the highest level of Iranian leadership and appr...

Trump’s former attorney-general won’t answer questions on Epstein

Donald Trump’s former attorney general has refused to answer questions about the president’s connections with Jeffrey Epstein. The full transcript of an interview Pam Bondi had with members of Congress was released today. Former Attorney General Pam Bondi has said Todd Blanche was responsible for handling the Epstein files. AP Photo/Manuel Ceneta “Did President Trump ever tell you that he had friends who could be exposed as abusers by the Epstein files release?” Bondi was asked. “I’m not going to discuss any conversations that I’ve had with the President on any matter,” she replied. Bondi was cagey when asked about Trump’s name in the Epstein files. “There’s rumours of an effort potentially to look through the files for  President Trump’s name in particular,” Democrat...
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